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Search Results 0 to 10 of about 11 (some duplicates have been removed)
th. there's a lot going on today, including leon panetta's first trip to iraq and afghanistan as the newly appointed defense secretary where he recently stayed they were on the verge of, quote, defeating al qaeda. >>> plus, road rage on the tour de france. a french tv car sends a group of cyclists flying into a barbed wire fence. we'll have the fallout ahead in sports. whoa! >>> but first, let's get to the news live at 5:30 a.m. here at 30 rock in new york city. >>> with weeks to go before the aulgt 2nd deadline, congressional leaders are heading back to the white house today for another meeting to try to reach a deal on raising the country's debt ceiling. after a 75-minute session with lawmakers last night, president obama is expected to hold a news conference this morning to discuss their deficit reduction efforts. this comes as the front page of "the wall street journal" reads, deficit negotiations hit reset. divisions on spending cuts and tax increases remain. the journal and others report that last night president obama urged leaders to strive for the largest package poss
revenue in terms of what we are spending. $120 billion alone in afghanistan. alone. that doesn't include aid. 47, 000 troops still in iraq and we have tax cuts in place. >> the united states is strategically overextended worldwide. what are we doing borrowing money from japan and europe and persian gulf. we are overextended. >> exactly, pat. >> the country is overextended. you can't start fighting wars and not raise the revenue. >> maybe you ought to end the war. >> here we go. we have to do a little bit of everything. >> let's do one plan. we talk about both sides in broad strokes. walk us through what is actually inside the deficit reduction plan on each side. >> fair enough. >> simpson sets the standard. they came out with $4 trillion in deficit reduction. the paul ryan plan got about the same amount of deficit reduction, $4 trillion. the obama plan is $2.5 trillion of deficit reduction. the biden talks that have been going on are at zero, really, but they are talking $1 trillion spending cuts, maybe. by the way, even if the plan were adopted, we have $6 trillion more debt ten years f
are slightly more in favor of the war in afghanistan than the rest of republicans. they've been only barely more likely than republican voters in general to see federal government debt as a serious threat to the country. on this show last night, wayne slater, who has been covering the potential presidential candidacy of rick perry as well as the politicking in iowa explained the republican base right now that he's seeing as a seasoned political reporter as tevangelical. i think that's much closer than the -- closer to the truth than common wisdom has been. however, this year, however much that drives the pundit class to distraction about how different politics will be this year, really what republicans are dealing with is a traditional conservative base this year that is extra obsessed with abortion. there is nothing new under the sun. maybe the universe is trying to remind us of that by having newt gingrich run again. when you look at the evidence, seems like an upsurge of the faction the republican party has harbored for a generation now and ignoring the religious and theocratic impulses
behind, the war in iraq, some said don't try to build a nation in afghanistan. stop spending all this money. when the democrats came in in 2009, they increased every department 10%. if it's 25% the feds are taking and the 12 to 15 the state and local are taking. that's why they are all cutting back. >> pat, pat, pat -- >> you will drive this economy deeper into recession if you put $1 trillion in taxes on it. >> pat, i don't disagree with cutting spending. i'm trying to tell you 70% of how we got into this problem was spending and 30% was cutting spending that we wouldn't afford. it happens to be 70% spending reductions. 30% tax increase. >> this is one place i agree with krugman. mike barnicle should be in this. jobs are the thing. we have to create jobs. how does hammering business with $1 trillion in tax increases when government is going down in size, they created the only jobs. john heilemann. >> just as point of fact -- was about letting part of the bush tax cuts expire after 2012. that's where the revenue is going to come. no tax increase in 2011 or 2012. it was raising ta
and 2006 when public support for the wars in iraq and afghanistan fell throw the floor. you cannot take anything away from the outside money and the impression that the outside groups made and the advertising they did in 2003 and 2004. >> saying those things don't work on either side doesn't make sense. >> they don't work in a campaign like this. this is not going to recruit his -- we won't know until the exit polls. >> the first thing that makes any impression in this campaign, first thing that gets national media attention is this ad that's super racist and obnoxious, hitting janice hahn about gang remediation issues in los angeles. after this happens, i'm not down with that ad at all, but we need to talk about gang remediation efforts. >> she has answered and rebutted in a way it looks like the voters in that district are satisfied with her response that she never had anything to do with the -- >> it was a 31 gap rate. >> the single thing that unifies independence and the far right of the conservative movement, the tea partiers, is the national debt and size of the government. if tha
to report to the american people exactly how this is going to happen. >> chairman mullen is in afghanistan. he told our troops fighting there he didn't know the answer to when and where they would get paid. will the president insist that if there's a default, the troops will get paid? >> again, the treasury department -- by the way, whatever admiral mullen talked about, it's outrageous that here we are, 60 hours away from the united states of america potentially defaulting for the first time. and the reason we're here is that, particularly republicans in the house, but republicans generally had been unwilling to compromise. so, at the appropriate point, if we get to that point, the treasury department will lay out clearly for the american people, most importantly for investors, folks around the world, exactly what would happen if we default. >> i want to be clear on what the president would accept in terms of cuts, in the first stage or the second stage. in other words, that what's called in washington a trigger, which means that whatever force's congress's hand, if they don't continue to
deployed in iraq and afghanistan and other places outside of the united states. we've jumped in on that and asked for what procedures they are using to make sure they are going to be in compliance with the law, and starting this thursday, we get to start putting our cops on the beat. we're here for military families, but, you know, that's just a microcosm of what's happening in all of america. that's what this agency is for. >> hearing you talk about that with such passion, and i know this is what you've been doing for all this time, i have to ask you if you wish you had been appointed by the president to be running the agency, and if now you are leaving washington, heading home to massachusetts, you if feel like you have developed a washington allergy or if you'd like to get back in there. >> let me start with the first part because we all have to remember this. we would not have a consumer agency if not for president obama. two years ago, right about now, he looked out and said the consumer agency, that's what i want to put in financial regulatory reform. over the next year
Search Results 0 to 10 of about 11 (some duplicates have been removed)